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Could second time be the charm for ASIC’s cyber enforcement?
Privacy & Cybersecurity 2025-03-13 12:29 pm By Sam Matthews

ASIC is having another go at cyber enforcement after its first case accusing a company of breaching the Corporations Act by failing to have adequate cybersecurity systems largely flopped.

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Piper Alderman lures six partners from Squire Patton Boggs
Business of Law 2025-03-07 5:36 pm By Cindy Cameronne

Piper Alderman has snagged six partners from Squire Patton Boggs, many of whom were at the global firm for over a decade, to join its corporate, construction and financial services teams.

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Colloquial use not enough to save Macquarie’s ‘Macbank’ trade mark
Intellectual Property 2025-03-05 11:12 pm By Andy Sidler

A delegate has ordered the removal of Macquarie’s ‘Macbank’ trade mark, finding no evidence of use in the course of trade despite the moniker being widely used to refer to the bank colloquially.

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Shaw and Partners wins suit over fees for $20M capital raising
Financial Services 2025-03-04 11:37 pm By Andy Sidler

Corporate advisory firm Shaw and Partners is entitled to its full fees for working on a $20.5 million capital raising with ASX-listed tech company NetLinkz, a court has found.

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ASIC still has ‘grave concerns’ over businessman’s plans amid $35M probe
ASIC 2025-02-27 11:14 pm By Andy Sidler

After losing a travel ban application against a Melbourne businessman as part of a probe into a failed investment fund, ASIC is now seeking freezing orders over his assets.

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Court rejects NAB super trustee’s bid for first-ever class action indemnity costs
Class Actions 2025-02-26 4:38 pm By Cindy Cameronne

A court has refused to order the applicant in a failed class action against NULIS Nominees to pay indemnity costs, but has confirmed that so-called Calderbank offers can operate in group proceedings.

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AusSuper cops $27M penalty for account merger failures
ASIC 2025-02-21 3:01 pm By Andy Sidler

A judge has hit AustralianSuper with a $27 million penalty for breaching superannuation rules requiring providers to consolidate customer accounts. 

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Judge disqualifies himself from hearing Greensill cases
Insurance 2025-02-20 11:01 pm By Cindy Cameronne

A newly appointed judge has disqualified himself from hearing a group of cases over Greensill’s $1.7 billion collapse, after he acted as counsel for insurer Marsh in a related dispute. 

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Salter Brothers defeats clients’ suits over ‘misleading’ visa investment fund
Financial Services 2025-02-19 3:20 pm By Cindy Cameronne

A judge has dismissed lawsuits brought by three former Salter Brothers clients alleging they were misled about an investment fund marketed as part of a visa program to migrate to Australia.

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Norton Rose nabs former APRA general counsel
Business of Law 2025-02-18 4:59 pm By Julia Kanapathippillai

The former chief general counsel for the Australian Prudential Regulation Authority has joined Norton Rose Fulbright as a financial services partner.

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